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RE: Proof Bitconnect's Bot it Going Broke!

in #bitconnect7 years ago

"My trading Bot - that either doesn't exist"
This. What can be asserted without evidence can be dismissed without evidence. If there is a bot like thing at all, I believe it is used for BCC price manipulation purposes. I wrote a blog post that lays out some evidence for that conjecture here. Great article. I agree with your overall rationale, however in my opinion you likely put too much faith in the data published by Bitconnect.co (bear in mind with over 95% of BCC volume on their site, they have near total control over the data that ends up on Coin Market Cap). So, I'm not so sure they are going broke yet, depending on how fake the data is.